Financial Options


How do families manage assisted living costs?

According to Paying for Senior Care, in 2019 the projected, average monthly cost of assisted living nationwide is $4,000.  Alzheimer's and dementia care in assisted living costs, on average, an additional $1,200 per month, for a monthly total of $5,200. Those are hefty expenses for most people!

Our monthly rates for assisted living are considerately less than these averages – even for our higher level of care.

King’s Daughters Home is private pay facility (as are all other assisted living facilities), and the only not-for-profit assisted living in the area. Our rates are comparable or less than other facilities


What are financial options to cover assisted living costs?

Please consult with your trusted advisors (long term care advisors, insurance advisors, financial planners, tax attorneys, accountants, etc.) as you and your family plan to fund your move to assisted living and/or a nursing home.

 Seniors and their families may take the following approaches to paying for long term care: 

  • Long term care insurance
  • Life insurance policy conversion to long term care benefit
  • Veterans benefits
  • Investment income
  • Sale of home/property
  • Pooling family assets


Does insurance cover the costs for nursing care?

We do not take Medicare or other health insurances.

Please note - While Medicare and other insurance plans pay for skilled nursing home care after a major surgery or a 3+ day hospital stay, patients are covered for only 100 days of care per year. Patients and families must cover the additional costs out-of-pocket. In addition, Medicare does not pay for personal care (bathing, eating, dressing, or toileting) if that is the only assistance needed.

While people may qualify for Medicaid if their assets and income are limited, many nursing facilities (including KDH) do not accept Medicaid for payment.

Long-term care insurance can help cover the cost of a nursing home stay. Veteran’s benefits may also provide a source of funding. This means that private pay is how many families must pay for ongoing nursing home care.